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Is Toyota Back?
09 May 2012 EDT - CNBC.com
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The numbers are impressive.

So impressive you’d be tempted to ask yourself, “Is Toyota back?”

That’s the question the auto industry is asking after the Japanese automaker posted strong quarterly earnings , and a forecast for 2013 that centers around increased sales and earnings for the current fiscal year.

Consider the latest numbers from Toyota:

  • Q4 Earnings: $1.5 Billion
  • Q4 Revenue: $71.3 billion (up 23%)
  • Fiscal year profit: $3.5 Billion (down 30% )
  • Fiscal year sales: $232 Billion (down 2%)
  • But those are not the numbers people are talking about. The real attention in the auto industry is Toyota’s forecast for the current fiscal year (through March 2013):

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